Capital allowances on cars

Hi, I am going from employed to self-employed in April next year and want to know how long before April I can purchase a car and still add it to my capital allowance claim in my year end self assessment? i.e. could I buy in February and still claim from April or does it only become a taxable asset if purchased once I begin as a sole trader in April. Apologies if asked before.

Hi,
 

You can buy it before you start your business but if you do, you will then have a different value to claim as the capital allowance as it will have changed value from the date purchased to the date you start your business. Please see guidance at : Claim capital allowances  . Thank you .

Hi, thank you..would I still only be able to claim market value on a 100% electric car as it states normally I could claim 100% allowance on it in my first year.

Hi craigthompson19,
Only if you purchase the car in the tax year that you are in fact self employed.
Thank you.